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Cogeco Communications Stock

Cogeco Communications ROA 2024

Cogeco Communications ROA

0.04

Ticker

CCA.TO

ISIN

CA19239C1068

WKN

A2ADTM

In 2024, Cogeco Communications's return on assets (ROA) was 0.04, a -11.98% increase from the 0.05 ROA in the previous year.

Cogeco Communications Aktienanalyse

What does Cogeco Communications do?

Cogeco Communications Inc is a Canadian company that offers various telecommunications products and services. The company was founded in 1957 and is headquartered in Montreal, Quebec. Cogeco Communications Inc operates in three main areas: broadband services, business services, and US cable operations. In the broadband services sector, the company provides internet, telephone, and television services. These services are tailored to the needs of individuals and small businesses and are delivered through the company's own fiber optic network. Cogeco Communications Inc is one of the leading broadband service providers in Canada, serving customers in Ontario, Quebec, and some parts of America. Another important business segment is the business services sector. Here, the company offers a wide range of services tailored to the needs of larger businesses and public sector organizations. These include internet access, data processing, hosting, cloud services, and network management. Lastly, Cogeco Communications Inc also operates cable operations in the US. The company operates in 11 states in the US, serving customers with internet, telephone, and television services. Cogeco Communications Inc's products and services are largely provided through long-term contracts with customers. Prices are typically fixed, and customers are often encouraged to subscribe to multiple services through promotions and discounts. Cogeco Communications Inc's business model is based on a strategy of continuous growth, both organically and through acquisitions. The company has made several acquisitions in the past to expand its business operations. Some of the recent acquisitions include the purchase of MetroCast (a New Hampshire-based cable operator) in 2018 and the purchase of Peer 1 Hosting (a UK-based cloud hosting provider) in 2017. Cogeco Communications Inc's main strategy is to expand its offerings by continuously investing in its network and introducing new services and technologies. The company has made significant investments in its fiber optic network and new technologies such as 5G mobile networks in recent years. In addition, Cogeco Communications Inc also sees itself as a leader in environmental sustainability. The company has a green initiative aimed at reducing energy consumption, greenhouse gas emissions, and environmental impact. In 2017, the company received platinum status in the EcoVadis sustainability certification for these efforts. Overall, Cogeco Communications Inc has established itself as a key player in the Canadian telecommunications sector in recent years. With a wide range of products and services and the ability to drive growth through targeted investments and acquisitions, the company is well positioned to continue its success in the future. Cogeco Communications ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Cogeco Communications's Return on Assets (ROA)

Cogeco Communications's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Cogeco Communications's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Cogeco Communications's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Cogeco Communications’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Cogeco Communications stock

What is the Return on Assets (ROA) of Cogeco Communications this year?

The Return on Assets (ROA) of Cogeco Communications is 0.04 undefined this year.

What was the ROA of Cogeco Communications compared to the previous year?

The ROA of Cogeco Communications has increased by -11.98% compared to the previous year.

What consequences do high ROA have for investors of Cogeco Communications?

A high ROA is advantageous for investors of Cogeco Communications, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Cogeco Communications?

A low ROA can be unfavorable for investors of Cogeco Communications as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Cogeco Communications affect the company?

An increase in ROA of Cogeco Communications can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Cogeco Communications impact the company?

A reduction in the ROA of Cogeco Communications can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Cogeco Communications?

Some factors that can influence the ROA of Cogeco Communications include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Cogeco Communications important for investors?

The ROA of Cogeco Communications is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Cogeco Communications take to improve ROA?

To improve ROA, Cogeco Communications can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Cogeco Communications pay?

Over the past 12 months, Cogeco Communications paid a dividend of 3.18 CAD . This corresponds to a dividend yield of about 4.87 %. For the coming 12 months, Cogeco Communications is expected to pay a dividend of 3.52 CAD.

What is the dividend yield of Cogeco Communications?

The current dividend yield of Cogeco Communications is 4.87 %.

When does Cogeco Communications pay dividends?

Cogeco Communications pays a quarterly dividend. This is distributed in the months of December, February, May, August.

How secure is the dividend of Cogeco Communications?

Cogeco Communications paid dividends every year for the past 24 years.

What is the dividend of Cogeco Communications?

For the upcoming 12 months, dividends amounting to 3.52 CAD are expected. This corresponds to a dividend yield of 5.38 %.

In which sector is Cogeco Communications located?

Cogeco Communications is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Cogeco Communications kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cogeco Communications from 8/8/2024 amounting to 0.854 CAD, you needed to have the stock in your portfolio before the ex-date on 7/25/2024.

When did Cogeco Communications pay the last dividend?

The last dividend was paid out on 8/8/2024.

What was the dividend of Cogeco Communications in the year 2023?

In the year 2023, Cogeco Communications distributed 2.891 CAD as dividends.

In which currency does Cogeco Communications pay out the dividend?

The dividends of Cogeco Communications are distributed in CAD.

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Andere Kennzahlen von Cogeco Communications

Our stock analysis for Cogeco Communications Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cogeco Communications Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.